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Phuket, August 14, 2009:

Thailand's first world-class luxury marina community Royal Phuket Marina has completed its latest development phase, bucking the property trend with 12 of the 15 luxury properties already sold.

Residents are now moving into the first-of-a-kind triplex 'Aquaminium' condominiums, distinguished by their private drive-in boat berths.

Introducing a new concept in marina living, the Aquaminiums have been snapped up by investors since being launched in 2007, setting a record price for condominium sales in Phuket.

Two years later, investors are now moving into their ultra luxury, three-storey condos which come complete with private drive-in boat berth, designed and appointed interiors and views of the glamorous Mediterranean-style marina.

Also now ready for occupation are a series of waterfront Luxury Villas set in their own private estates with 23m yacht berths and superb views of the marina. Designed in contemporary Thai style, they feature expansive outdoor terraces and private swimming pools with built-in Jacuzzis. Two were sold prior to completion and a further three are currently available on the market.

Completion of the latest phase of the Royal Phuket Marina follows the sell-out success of the first phase of 66 luxury condominiums and penthouses which are already commanding high premiums.

Developer Gulu Lalvani says the Royal Phuket Marina provides a luxury marina lifestyle unrivalled in Asia. "Investors can see the finished product and that we provide 5-star standards of service and maintenance, as well as world class facilities and amenities – as well as a potential return on investment of 5 percent".

Designed by Palmer and Turner Hong Kong – the group behind many of Hong Kong's most distinctive structures, including CITIC Tower, Exchange Square, and the Harbourside – the Aquaminium's 3-block scheme is an iconic new landmark on the Phuket waterfront.

Interiors were created by renowned interior design specialists dwp cityscape (design world partnership) – the team behind the interiors of Gaysorn Plaza and Sirocco in Bangkok, the Evason Spa in Hua Hin and some of the most contemporary venues in Singapore and Vietnam.

Royal Phuket Marina has been architecturally acclaimed as Thailand's 'Best Resort Condo' in the 2007 Thailand Property Awards and for 'Best International Design' in the 2007 International Property Awards.

The development has also received the 'Marina Five Gold Anchors Award' and was voted 'Best of the Best' in the 2006 awards by British Airways 'First Life' magazine, 'Best for Boating' in the 2005 Condé Nast awards and 'A Great Place to Retire' by Fortune magazine.

Article courtesy of Asia Property Report

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